Top 5 Skill Matrix Tools for HR Professionals

Introduction

Would you like an intuitive visual depiction of your team's competencies, increase productivity, close skill gaps, and ensure each member has the tools they need to succeed? If yes, then Skill Matrix is your go-to solution. With skills becoming the latest currency of the current century, the need for employees with specific skill sets is becoming increasingly important. A skill matrix is a perfect tool for human resource managers to support organizational skill development.

In this blog, we'll discuss this matrix and the top five skill matrix tools for HR professionals, followed by some points on why you need them.

What is a Skill Matrix?

In simple language, a skill matrix provides a comprehensive grid that captures your employees' skill information for efficient management, planning, and monitoring across various levels. It is a tool used to assess an employee's skills and abilities. It helps HR professionals like you to identify the comprehensive skill set, experience level, and general competence required for a position in your project.

Talking about visual representation, a skill matrix is a two-dimensional table:

• Dimension 1: Employees 
• Dimension 2: Skills

It may sound unnecessary to use the top 5 skill matrix tools for HR professionals just to examine your workforce's current skill sets, but this small tool will save time and tie competencies directly together with development methods in the long run.

Top 5 Skill Matrix Tools

Moving to the next segment, below we have discussed the top 5 skill matrix tools for HR professionals:

Edstellar Skill Matrix

Edstellar’s Skill Matrix is a meticulously crafted tool to empower your companies to identify, assess, and optimize your workforce’s skill sets. The best thing about this tool is that it’s free to use! You can track any skill relevant to your team’s needs, including hard technical skills and soft skills like communication and teamwork. Not only this, Edstellar’s experts have crafted this tool by making your data security a top priority. Whatever data you store is securely stored in their servers and protected by industry-standard encryption. 

Another reason this tool tops the list is that it is beginner-friendly and easy to navigate, even for non-tech background people. Also, this skill matrix software has no limit to the number of users you can add, making this tool highly collaborative and user-friendly. 

• Accurate visualization of skill gaps
• Generate detailed, comprehensive reports
• Seamless and intuitive interface

Rating: 4.9/5

Skills Base

Skills Base is designed for firms and teams of different sizes and is a cloud-based employee skill matrix tool. It allows you to make data-driven decisions and enables you to understand the skill gaps in your team and address them to build a skilled workforce. Below are some highlights of this tool:

• Allows scenario planning around the skills of your employees
• Enables integration of APIs
• Pricing is free for a team of 25 users

Rating: 4.6/5

TalentGuard

TalentGuard is a cloud-based skill matrix software suite and a global provider of SaaS-based talent competency management solutions. Using this skill matrix tool, you know your employees' abilities so they can directly apply their talents and plan future advancements for your company.

• 360-degree feedback support
• Certification tracking
• Pricing is not disclosed

Rating: 4.7/5

Team Guru

This is one of the top 5 skill matrix tools for HR professionals. It has 16 integrated modules that allow HRs like you to execute strategic plans and visualize team contributions. It also helps you manage multiple critical projects in one place and provides metric dashboards where all team members can track their progress in real-time. 

• Has dashboard functionality to track your KPIs
• Deploys strategic objectives using Hoshin Kanri X-matrix
• Pricing is not disclosed.

Rating: 4.0/5

BIS Safety Software

BIS Safety Software instantly assigns different courses to your team. It also features a strong competency management system that automatically initiates several supervised assessment stages. You and your management can validate and confirm almost any task, piece of equipment, or soft skill training.

• Automate notifications
• Customize tests
• Pricing is not disclosed publicly

Rating: 4.8/5

Why do you Need a Skill Matrix?

“We can’t simply send employees to workshops focused on whatever proficiency is fashionable at the moment and expect to get results. We must think seriously about which specific skills are to be targeted, who has to learn them, and what mix of education, experience, and exposure will be effective to create the skills-based organizations we need to meet the challenges of the future.”

~Harvard Business Review

As an HR professional, you must know the sensitivity of evaluating employee performance and offering corporate training using a strategic development initiative. Thus, training employees based on what they want to upskill, current industry trends and your organization’s objectives should be a top priority.

Below are a few reasons that underscore the importance of using the top 5 skill matrix tools for HR professionals:

• It helps you identify skills possessed by each employee within your company.
• HRs can effectively manage talent by facilitating targeted training programs and succession planning.
• Skill matrices can be used to assess employee performance objectively, aligning it with organizational goals.
• HRs can optimize resource allocation, ensuring people are assigned the right tasks at the right time.

Conclusion

The bottom line is that skill matrices offer HR professionals valuable attributes effective for managing talent, aligning organizational objectives, and facilitating strategic decision-making. With these top 5 skill matrix tools for HR professionals, you can streamline talent management processes and enhance performance evaluation methods.